Coal-firing electricity plants are closing all over the US, and jobs are going with them. Can other energy sources make up for the losses?» Read More
HERSHEY, Pa.— Hershey's expansion into China hasn't been so sweet. That number excludes sales of Golden Monkey products, a Chinese food company that Hershey bought a controlling stake in late last year. Hershey said a slowdown in China's economy is keeping people from buying its goods.
PITTSBURGH _ Wesco International Inc. on Thursday reported first-quarter profit of $47 million. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.01 per share. Wesco International shares have declined 8 percent since the beginning of the year.
PITTSBURGH— A Massachusetts Institute of Technology researcher who has developed artificial human "microlivers" that can safely test the toxicity of drugs without endangering lives is one of six people chosen to receive Heinz Awards. This year's winners, announced Thursday by the Pittsburgh- based Heinz Family Foundation, include MIT researcher Dr.
SHIPPENSBURG, Pa. _ Orrstown Financial Services Inc. on Wednesday reported first-quarter earnings of $2.5 million. The holding company for Orrstown Bank posted revenue of $13.7 million in the period. Keywords: Orrstown Financial Services, Earnings Report.
HALLSTEAD, Pa. _ Peoples Financial Services Corp. on Wednesday reported first-quarter earnings of $5 million. Peoples Financial Services shares have fallen 18 percent since the beginning of the year. Keywords: Peoples Financial Services, Earnings Report.
EXTON, Pa. _ Omega Flex Inc. on Wednesday reported first-quarter net income of $3.1 million. Omega Flex shares have declined 28 percent since the beginning of the year. Keywords: Omega Flex, Earnings Report.
LITITZ, Pa. _ Susquehanna Bancshares Inc. on Wednesday reported first-quarter earnings of $29 million. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share. Five analysts surveyed by Zacks expected $179.5 million.
PITTSBURGH _ TriState Capital Holdings Inc. on Wednesday reported first-quarter net income of $5.1 million. The holding company for TriState Capital Bank posted revenue of $25.5 million in the period. Keywords: TriState Capital, Earnings Report.
LAS VEGAS— Las Vegas Sands Corp. CEO Sheldon Adelson said he knew what question was coming: when would the steady and steep decline in the world's most lucrative gambling market hit bottom? A corruption crackdown that has shaken up the up-until-recently skyrocketing gambling business in Macau, China has sped swift drops in revenue and activity there.
RADNOR, Pa. _ Brandywine Realty Trust on Wednesday reported a key measure of profitability in its first quarter. The average estimate of 11 analysts surveyed by Zacks Investment Research was for funds from operations of 32 cents per share. Brandywine Realty Trust expects full-year funds from operations in the range of $1.29 to $1.35 per share.
HONESDALE, Pa. _ Norwood Financial Corp. on Wednesday reported first-quarter earnings of $2 million. Norwood Financial shares have remained unchanged since the beginning of the year. Keywords: Norwood Financial, Earnings Report.
Under the law, many states tried to improve Medicaid and food-stamp enrollment systems by making it easier for people to register for food benefits when they sign up for health coverage. Below is a list of the 11 states with recent enrollment increases in the Supplemental Nutrition Assistance Program. Sources: U.S. Department of Agriculture, U.S. Department of...
WASHINGTON, April 22- U.S. home resales surged to their highest level in 18 months in March as more homes came on the market, a sign of strength in housing ahead of the spring selling season. The fairly upbeat report from the National Association of Realtors on Wednesday implied the economy was regaining some momentum after hitting a speed bump at the start of the...
SOUDERTON, Pa. _ Univest Corp. of Pennsylvania on Wednesday reported first-quarter earnings of $6.1 million. The bank, based in Souderton, Pennsylvania, said it had earnings of 31 cents per share. The holding company for Univest Bank and Trust Co. posted revenue of $36.7 million in the period.
April 22- RBC Wealth Management, part of Royal Bank of Canada, hired two advisers at Naples, Florida from UBS Financial Services Inc, the wealth management unit of UBS AG. Dustin Smith and James Rubinton managed $289 million in client assets at UBS. RBC said on Monday it hired three Morgan Stanley financial advisers, Brian Friday, Richard Bondi and Eric Gregory, at a...
PITTSBURGH— A former Pennsylvania casino worker and a Nevada high school student pleaded not guilty Wednesday to charges in a Uganda- based scheme that produced more than $1.5 million in high-quality counterfeit U.S. bills. Michael Lin, 20, of Bethlehem, and Zackary Ruiz, 28, of Las Vegas, appeared before a federal magistrate in Pittsburgh.
HARRISBURG, Pa.— Attorney General Kathleen Kane said Wednesday that she has hired former Gov. Ed Rendell's spokesman to help get her message out amid her legal problems and newspaper editorials calling for her resignation. Chuck Ardo began work Wednesday as the seventh spokesperson to work for Kane since she took office in January 2013.
April 22- Teva Pharmaceutical Industries Ltd said on Wednesday it could "promptly" divest some operations if necessary to obtain regulatory clearance for its proposed takeover of smaller rival Mylan NV. Meanwhile, Canonsburg, Pennsylvania- based Mylan is pursuing its own $29 billion unsolicited bid for Perrigo Co Plc, which the maker of over-the-counter...
TEL AVIV, April 22- Israeli turnaround specialist Erez Vigodman, the chief executive of Teva Pharmaceutical Industries, is looking to pull off the ultimate transformation, with the biggest deal in Israel's corporate history. His unsolicited $40 billion offer for smaller generic drug rival Mylan Inc is Vigodman's attempt to turn Teva into a global drug...
OAKS, Pa. _ SEI Investments Co. on Wednesday reported first-quarter earnings of $84.6 million. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 49 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.